Sugar Prices Jump Over Rs 4 Per Kg In A Month Amid Festive Season

Prices remain elevated mainly because 2025-26 production fell short of earlier estimates. (File Photo)

\n\n

Sugar prices have risen by more than Rs 4 per kg over the last month in both retail and wholesale markets, even as the government moves to ease tight supplies during the festival season.

\n\n

Average daily retail and wholesale prices stood at Rs 59.50 per kg and Rs 55.40 per kg, respectively, according to consumer affairs ministry data.

\n\n

On a year-on-year basis, prices are up Rs 12-13 per kg. A year ago, retail sugar was at Rs 46.50 per kg and wholesale at Rs 43.23 per kg.

\n\n

Kolkata recorded the highest retail price among the metros at Rs 65 per kg on November 3, against Rs 50 a year earlier. Delhi followed at Rs 64 per kg (Rs 46 a year ago), while Mumbai logged Rs 61 per kg (Rs 45).

\n\n

Prices remain elevated mainly because 2025-26 production fell short of earlier estimates. Festive demand, crop damage, tighter global supplies and hoarding have added to the pressure.

\n\n

The government has responded with stock limits, imports, closer monitoring and an earlier start to crushing.

\n\n

India produced 8.45 lakh tonnes of sugar in the first month of the…

Original source: https://www.timesnownews.com/business-economy

Leave a Reply

Your email address will not be published. Required fields are marked *